Mises Wire

The Debt-Inflation Spiral Is Driving up the Demand for Gold

Central BanksFinancial MarketsMoney and Banking

Blog4 hours ago

It is often claimed that inflation reduces the true burden of debt. This is true for existing debt, but those who advocate it as a remedy for government indebtedness fail to understand that it also increases the cost of the government’s future debt.

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Cato's Letters on the "Loveliness and Advantages" of Political Liberty

U.S. HistoryPolitical Theory

Blog5 hours ago

As Ronald Hamowy put it, Cato's Letters is “unmatched for its breadth and vigor in the literature of the period.”

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Trump Agonistes

Political Theory

Blog08/14/2020

Populists need a status quo to oppose, but now Trump stands as the incumbent.

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Jefferson on the Family and Liberty

Media and CulturePhilosophy and Methodology

Blog08/14/2020

One of the standard criticisms of the free market point of view is that it treats individuals as isolated atoms who view other people only as means to the pursuit of their selfish ends. 

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A Brief History of the Gold Standard, with a Focus on the United States

Global EconomyU.S. HistoryGold Standard

Blog08/14/2020

Arguments over the gold standard are not merely technical disagreements. Rather, the gold standard often serves as a proxy for “sound money,” which was a central element in the classical liberal tradition of limiting government’s ability to wreak havoc on society.

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Why Property Rights Are Absolute, but Contracts Are Not

Blog08/13/2020

Because each person's control over his own body and will are inalienable, no person can be held to any sort of slavery "contract" even if all parties once agreed on it.

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The Mises Institute's Master of Arts in Austrian Economics to Commence Next Week

Education

Blog08/13/2020

Will you help the Mises Institute build this new school of graduate economics today?

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Gold Prices Show There's a "Big Short" Going on in Official Currencies

Blog08/13/2020

A rising price of gold and silver in US dollars, euros, Chinese renminbi, Japanese yen, etc. means this:  the higher the price of this precious metal, the lower the exchange value of official currencies.

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